DOCUMENT AUTOMATION
Create Document Automation Software powered by AI
Enhance productivity and accuracy by incorporating AI document processing capabilities, revolutionizing document handling with faster processing and improved user experience
Document Automation is a cognitive automation solution with integrated artificial intelligence to learn from human behavior and understand unstructured and structured data. In the realm of AI, document automation refers to the process of using machine learning algorithms and natural language processing (NLP) techniques to streamline and optimize document-related tasks within businesses or organizations.
Why leverage AI document automation? Here are some key benefits:
AI-powered document processing speeds up the handling of documents, cutting down the time and effort needed for manual tasks. This efficiency boost means businesses can deal with more documents in less time, leading to quicker results.
This technology lowers the chances of mistakes and inaccuracies that often crop up during manual document handling. This is especially crucial for industries where precision matters a lot, like finance, law, and healthcare.
Automating document tasks trims down labor costs since fewer workers are needed to get the job done. It also lessens the risk of expensive blunders, such as entering incorrect data, which could lead to financial setbacks.
With automated document processing, businesses can swiftly and accurately extract and analyze large volumes of data from documents. This data can reveal trends, patterns, and insights that can guide business decisions and strategies.
Here are some instances where AI document automation can be useful:
Claims processing stands as a pivotal aspect for every insurance firm. Since clients file claims during challenging times, ensuring swift customer service is vital. Several factors complicate claims processing:
Manual and inconsistent processing - Claims often undergo manual scrutiny by external staff, leading to inconsistencies.
Varied data formats - Customers submit data in different formats, posing integration challenges.
Regulatory changes - Staying compliant with evolving regulations demands ongoing staff training and process updates.
AI-driven document processing offers commercial real estate firms a means to streamline property management and lease administration. By analyzing lease agreements, property records, and other documents, AI aids in tracking lease renewals, rent payments, and property maintenance tasks. Additionally, AI automates invoice processing, minimizing errors.
Lenders leverage AI-powered document processing to automate loan origination. By scrutinizing financial documents like bank statements, tax returns, and credit reports, AI swiftly evaluates borrowers’ creditworthiness, facilitating informed lending decisions. Moreover, AI monitors loan portfolios, identifying potential default risks.
Healthcare providers utilize AI-driven document processing to enhance patient care and alleviate administrative burdens. Analyzing medical records enables AI to pinpoint potential health risks and suggest personalized treatment plans. Furthermore, AI automates administrative tasks like appointment scheduling and claims processing, enhancing operational efficiency.
Explore how your app can go from good to great with AI functionalities that create better user experiences
INQUIRE NOWBuild customer- or external-facing Web, iOS, and/or Android apps the way you want it built - fast, at fixed price, and you get to keep the source code!
With the speed at which your competition (including startups) are innovating, you need to get software built at lightning speeds. Xamun got you covere by letting you build from prototype to working software in as fast as A FEW HOURS!
With Xamun, you own the resulting source code. What does this mean? Your team has the freedom to update your custom software whichever way you want. Also, owning the source code lets you retain your competitive advantage because the IP is all yours.
Outsourcing custom software development is oftentimes limited to time-and-material contracts which may not work well with your existing budget management processes. With Xamun, we accommodate a fixed price project engagement for every version of your custom software.
Building custom software with document automation ensures tailored solutions to specific business needs, optimizing processes and improving efficiency.
Document automation streamlines document-related tasks using artificial intelligence and machine learning, enhancing efficiency and accuracy.
Custom solutions with document automation features can be tailored for industries such as insurance, real estate, lending, and healthcare to automate processes like claims processing, lease administration, loan origination, and patient care.
Yes, building custom software with AI document automation capabilities is worth it as it can significantly improve efficiency, accuracy, and operational effectiveness, leading to cost savings and better decision-making.
It depends on what exactly it i what your want to build. Xamun has a cost estimator and other internal tools that will give you a much more accurate idea of how much it will cost you to build your custom insurance software.
If you have an existing Figma prototoype, building and deploying a bespoke solution with AI machine translation services with Xamun can take as fast as a few hours. If you’re coming in with a fresh idea, it can take only 4-6 weeks!
Not at all! As a service will take care of all the technical stuff, and you just need to make sure all your business processes are covered in what we will build for you. At some point, we will release a DIY platform and in that case, your own tech team can directly build your bespoke solution on their own.
Absolutely not! We will be very upfront on the total cost of build as soon as you sign off the Figma design for your custom insurance software which will also include a detailed scope of how the app would work. Unless you have additional features to build, that’s the final cost.
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